Common use of Minimal Adjustments Clause in Contracts

Minimal Adjustments. No adjustment in the Warrant Price per share need be made if such adjustment would result in a change in the Warrant Price per share of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the Warrant Price per share.

Appears in 6 contracts

Samples: Warrant Agreement (Genstar Therapeutics Corp), Warrant Agreement (Corautus Genetics Inc), Warrant Agreement (Genstar Therapeutics Corp)

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Minimal Adjustments. No adjustment in the Warrant Price per share ------------------- need be made if such adjustment would result in a change in the Warrant Price per share of less than $0.01. Any adjustment of less than $0.01 which is not made shall be carried forward and shall be made at the time of and together with any subsequent adjustment which, on a cumulative basis, amounts to an adjustment of $0.01 or more in the Warrant Price per share.

Appears in 2 contracts

Samples: Warrant Agreement (Baxter International Inc), Common Stock and Warrant Purchase Agreement (Urogen Corp)

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